RHB Retail Research
Trading Stocks - Teladan Setia Group
Teladan Setia Group is poised to extend the uptrend after breaking away from the resistance level of MYR0.63. If it stays above the resistance-turn-support of MYR0.63, the bullish momentum may propel the stock towards the next resistance level at MYR0.70, followed by MYR0.75. Meanwhile, a downward breach of the MYR0.61 support will negate this expectation.
Source: RHB Securities Research - 7 Apr 2021
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